South Korea Economy Grows 2.7% YoY in Q3

South Korea's economy expanded 2.7 percent year-on-year in the third quarter of 2016, lower than a 3.3 percent expansion in the previous period, but above market expectations consensus of 2.6 percent. Private consumption slowed, while investment and government spending expanded at a faster pace, preliminary figures showed.

Compared with the previous quarter, the economy expanded by 0.7 percent, easing slightly from a 0.8 percent growth in the previous period but better than market expectations of a 0.6 percent expansion.

South Korea Annual GDP Growth Strongest in Over a Year
The South Korean economy expanded 3.1 percent year-on-year in the three months to December 2018, accelerating from a 2.0 percent growth in the previous quarter and in line with the preliminary estimate and market consensus, final data showed. It was the fastest growth rate since the third quarter of 2017, mainly driven by manufacturing; utilities; services and agriculture, forestry & fishing.Published on 2019-03-05

South Korea Annual GDP Growth Gains Steam
The South Korean economy expanded 3.1 percent year-on-year in the three months to December 2018, accelerating from a 2.0 percent growth in the previous quarter and beating market expectations of 2.8 percent, advanced data showed.Published on 2019-01-22

South Korea GDP Growth Slows to 9-Year Low in Q3
The South Korean economy expanded 2.0 percent year-on-year in the three months to September 2018, slowing from a 2.8 percent growth in the previous quarter and in line with market expectations, final data showed. It was the weakest growth rate since the third quarter of 2009.Published on 2018-12-04

South Korea Economy Grows at 9-Year Low
The South Korean economy expanded 2.0 percent year-on-year in the three months to September 2018, slowing from a 2.8 percent growth in the previous quarter and below estimates of 2.2 percent. It was the weakest growth rate in nine years, as construction plunged 7.8 percent.Published on 2018-10-25